■ The Solana TrackerNew Zealand Dollar finds support after RBNZ officials emphasize continued policy tightness.

■ Central bank projections indicate inflation control measures will remain through 2024.

■ Revised US economic indicators alter market predictions for Federal Reserve actions.

The NZD/USD pairing demonstrated notable recovery during Friday's trading session, interrupting its consecutive decline streak. This shift followed remarks from Reserve Bank of New Zealand Governor Adrian Orr, who outlined the institution's roadmap for monetary policy adjustments. The central bank anticipates beginning to normalize its approach in the coming year, contributing to the currency's upward movement toward the 0.6090 level.

During his address, Governor Orr observed that while price pressures persist above target levels, the trajectory shows consistent moderation. Economic indicators align with projections, with inflation expectations demonstrating gradual easing. The policymaker stressed the importance of maintaining current restrictive measures to ensure sustained progress toward stability targets, alongside expectations for improved economic performance in the near term.

Contrasting developments emerged from US markets, where Treasury yields showed strength yet failed to bolster the Dollar Index significantly. The benchmark settled near 104.10, with short-term and long-term bond yields reflecting investor reassessments following recent GDP revisions. These adjustments have led to recalibrated expectations regarding the timing of potential Federal Reserve rate adjustments, providing underlying support for the US currency.

Market participants digested the latest Personal Consumption Expenditures data, which matched analyst forecasts. The inflation metric recorded a 2.4% annual increase, showing moderation from previous readings. Core measurements, closely monitored by policymakers, also reflected gradual cooling trends. Attention now turns to upcoming manufacturing sector data for further indications of economic momentum.

The monthly Core PCE reading showed a 0.4% increase, exceeding prior figures. This development, alongside other economic indicators, contributes to the evolving narrative surrounding monetary policy directions in major economies. As central banks navigate balancing growth and stability objectives, currency markets continue to respond to shifting expectations and policy signals.